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Orica fortifies digital footprint with landmark CAD $505M Terra acquisition

Mining and infrastructure solutions developer Orica Limited has officially announced the signing of a binding sale and purchase agreement with Vance Street Capital LLC to acquire Terra for CAD 505 million (AUD 559 million).

World’s first modular ammonium nitrate plant opens in Western Australia

The Yara Pilbara Nitrates technical ammonium nitrate (TAN) manufacturing plant was officially opened on Tuesday, heralding the next generation of downstream processing in the...

Orica announces $400m buy-back program, completes sale of Chemicals business

Mining services and chemical supplier Orica Limited has announced that it will commence an on market share buy-back program over the next year. Orica’s said...

Blackstone acquires Orica’s Chemicals business

Leading Investment firm Blackstone has agreed to purchase Orica Limited’s Chemicals business for A$750 million. It comes after the chemicals and explosives maker announced in...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.